empire

How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire

How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of …

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Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder

Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder

Image: Ubisoft Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed publisher, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest shareholder. Its plan for achieving that? Pay double what …

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Twitter lawsuit 'credible threat' to Elon Musk's empire: Hindenburg Research

Twitter lawsuit ‘credible threat’ to Elon Musk’s empire: Hindenburg Research

Evercore ISI senior managing director Mark Mahaney weighs in on Twitter suing the billionaire entrepreneur on ‘Varney & Co.’ Hindenburg Research is throwing its support behind Twitter as it enters a legal battle with Elon Musk over the Tesla chief executive’s decision to terminate his $44 billion acquisition of the social media giant.  Ticker Security …

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Financier Bill Hwang pushed Christianity on employees as empire collapsed: suit

Financier Bill Hwang pushed Christianity on employees as empire collapsed: suit

Disgraced hedge fund mogul Bill Hwang “resorted to reckless and illegal trading” that spurred billions of dollars in losses for big Wall Street banks — even as he invoked Christianity and urged employees to “devote more time to their faith,” an explosive lawsuit from an ex-employee claims. The $550 million suit accuses Hwang and top …

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Why Wendy's founder named his burger empire after his daughter — and came to regret it | CNN Business

Why Wendy’s founder named his burger empire after his daughter — and came to regret it | CNN Business

New York CNN Business  —  Pam’s. Kenny’s. Molly’s. Lori’s. Melinda’s… Dave Thomas, a successful Kentucky Fried Chicken franchise owner in Columbus, Ohio, and a protege of founder Colonel Harlan Sanders, was struggling in 1969 to find a name for a new hamburger concept he hoped to open. The fast-food burger market was becoming saturated, but …

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Why Wendy's founder named his burger empire after his daughter — and came to regret it

Why Wendy’s founder named his burger empire after his daughter — and came to regret it

Dave Thomas, a successful Kentucky Fried Chicken franchise owner in Columbus, Ohio, and a protege of founder Colonel Harlan Sanders, was struggling in 1969 to find a name for a new hamburger concept he hoped to open. The fast-food burger market was becoming saturated, but Thomas believed there was an opening to target wealthier young …

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Why Wendy's founder named his burger empire after his daughter -- and came to regret it :: WRAL.com

Why Wendy’s founder named his burger empire after his daughter — and came to regret it :: WRAL.com

By Nathaniel Meyersohn, CNN Business CNN — Pam’s. Kenny’s. Molly’s. Lori’s. Melinda’s… Dave Thomas, a successful Kentucky Fried Chicken franchise owner in Columbus, Ohio, and a protege of founder Colonel Harlan Sanders, was struggling in 1969 to find a name for a new hamburger concept he hoped to open. The fast-food burger market was becoming …

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